PayPal Introduces Interest-Free Buy-Now-Pay-Later Product; Monzo Adds New Fees in Attempt to Cut Costs; Brazil's Neon Pagmentos Nets $300M

Weekly FinTech Digest | Week 36

This week (31 August - 4 September) was yet another interesting week in FinTech this year. PayPal has launched Pay in 4, a short-term interest-free buy-now-pay-later instalment offering for merchants in the US; Monzo is to slap free-loading users with a three percent charge for ATM withdrawals amounting to over £250 per month and a £5 fee for replacing …